Gathering Information
- Discussion Based. Not questionnaire based
- Learn what drives your passion, happiness
- Understand your current financial situation
- Goals & aspirations with your money
- Financial & psychological risk preferences
Analysis
- Cash Flow, Assets, Debt
- Calculate what is needed to reach your goals under various scenarios
- Play the “What if” game so you can see various outcomes under different circumstances
- Set realistic expectations using conservative, attainable projections
Recommendation
- Show how recommendation helps us get from here to there
- All assumptions, constraints, pro/cons are discussed
- Make it official – Draft an Investment Policy Statement
- Execute Plan
Cost of Services
All planning, analysis, discussions and reviews are included in the advisory service fee. The advisory fee is based on the amount of assets being managed and range from 0.55% – 1.00% per year. That is my sole compensation. Portfolio management fees also apply and are retained by the portfolio managers. Those costs generally vary between 0.25% – 1.0%.